More than a third of Canadian homeowners were caught short at least once in the past year, unable to cover their expenses, a new survey has found. Manulife Bank Canada found rising housing costs are making it difficult for homeowners to balance their big financial obligations: paying down their mortgage, saving for retirement and managing…

The Central Bank will maintain its target for the overnight rate at 1/2%. “Total CPI inflation remains near the bottom of the Bank’s target range, owing to declines in consumer energy prices,” the Bank said in a release. “Core inflation is close to 2% as the transitory effects of the past depreciation of the Canadian…